Author Archives: stutteringsteps

BONDS AND BUBBLES.

Bonds. Bonds are pieces of paper which are offered to the financial sector for investment purposes by two types of institution. First is the private company who, if they cannot or do not want to raise money in any other … Continue reading

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Q3: BAILOUTS AND BANKS.

Bailouts. The recent announcement of Q3 (further Quantitive Easing), by Ben Bernanke of the US Federal Reserve, indicated that at least his part of the US establishment saw the solution in the same way. They think sorting out the current … Continue reading

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RELIGION AND VIOLENCE.

In a previous article I argued that not all of the motives, behind the recent and past attacks upon western embassies and other economic, social or cultural artefacts, have sprung from religious sensibility to criticism. I have suggested [in the … Continue reading

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SPRING TURNS TO AUTUMN.

Can it really be surprising that the Arab Spring has turned into an Anti-west Autumn? Are the recent violent attacks on US and European Embassies and their staff, along with assorted western commercial targets, really something that was provoked by … Continue reading

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WHAT TRIGGERED THE CRISIS?

It is generally recognised that there is an ongoing economic crisis taking place within the 21st century capitalist system. However, its causes and what has triggered it – which are not necessarily the same – are the subject of considerable … Continue reading

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“PROTECTING THE DREAM!”

Mitt Romney uttered the above three words at the recent Republican Convention in the USA. The race for the Presidency is now officially on and every negative tactic that billions of dollars can buy will be used by both sides … Continue reading

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ASSANGE AND ASYLUM. WHAT’S NEXT?

Whatever the current upfront technical or legal wrangle pivots around, (sexual accusations, bail infringements, etc.), everyone knows that the real issue is that Julian Assange provided a showcase for exposing the secret machinations of the economic, political and financial capitalist … Continue reading

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WHOSE UNDER THE FISCAL CLIFF?

Over the last few months the term ‘Fiscal Cliff’ has become increasingly popular in political as well as financial discourse. The term originated in the US, to refer to a series of impending tax increases and government spending cuts which … Continue reading

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THE SPECTRE OF STALINISM.

As the present economic and financial crisis deepens, more working people and other sections of society will undoubtedly come to question the continuation of the capitalist system. However, exactly at that point they will be confronted with the spectre of … Continue reading

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THE FIVE-FOLD CRISIS OF CAPITALISM.

It should be obvious to anyone not completely in denial, that 21st century capitalism is currently mired in the most severe problems for over 80 years. This particular crisis is quite evidently a multiple one. It comprises of economic, financial, … Continue reading

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